Seeking Stocks With Cheap, Safe Dividend Streams [View article]
One of the longest continuous dividend streams is held by BB&T Corp. I think it goes back to 1914. It was recently raised from .42 to .46 per share. The bank holds no sub-prime paper and banks in the growing southeastern US. Earnings estimated at .80 per share are to be reported on Jan. 17. The trouble here is the yield is about 7% and the stock has declined from 44 to about 27. One has to wonder if the market knows more than the public about the prospects of BB&T going foreward. On my orginal investment the dividend yields 18%.
-
One of the longest continuous dividend streams is held by BB&T Corp. I think it goes back to 1914. It was recently raised from .42 to .46 per share. The bank holds no sub-prime paper and banks in the growing southeastern US. Earnings estimated at .80 per share are to be reported on Jan. 17. The trouble here is the yield is about 7% and the stock has declined from 44 to about 27. One has to wonder if the market knows more than the public about the prospects of BB&T going foreward. On my orginal investment the dividend yields 18%.
Jan 09 19:55 pm
|Rating:
0
0
All Comments by helplessobserver »Seeking Stocks With Cheap, Safe Dividend Streams [View article]